The oil and gas industry has now had several decades of oil exploration and production. It has also had to reinvent itself numerous times during this period. But when oil prices fell by more than 50 percent, from $105 a barrel in summer 2014 to below $45 a barrel in Q1 2015, the industry was compelled to restructure and vigorously cut costs. As a result, companies embarked on a transformation programme to secure their ability to survive the structural change in commodity prices and create a stronger foundation on which to build when markets recover. Better capital discipline and aggressive cost management without any compromises on safety performance have became the main goals for the industry.
In this harsh economic environment, corrosion management faces new challenges on a number of fronts, ranging from keeping ageing assets operating safely to pursuing cost effective design of new projects, often with extended design lives of up to 40 years. This event intends to explore these challenges, ranging from initial material selection to full life cycle operational corrosion management.
The event programme will allow for ample meeting and networking opportunities for all of the conference attendees, including at the official conference dinner and the exhibition, which will be open on all conference days. Attendees typically include academics and industry experts, as well as professionals in oil and service companies.
Securing Stronger Investments: ESG Compliance for the Chemicals and Coatings Industry